NEW YORK (GenomeWeb News) – Transgenomic shares were down nearly 9 percent in mid-afternoon trading today following the company’s announcement this morning that the chairman of its board of directors, Collin D’Silva, had resigned.

 

Transgenomic shares reached a low of $.65 during the day, down 9.7 percent from their previous close of $.72.

 

D’Silva was a co-founder of Transgenomic and served as president and CEO from 1998 to 2006.